Common use of Retroactive Financing Clause in Contracts

Retroactive Financing. Withdrawals from the Grant Account may be made for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than 12 months before the date of this Grant Agreement, in connection with eligible expenditures, subject to a maximum amount equivalent to 20% of the Grant amount. 1 Consultants 500,000 100% of total expenditure claimed* 2 Equipment for Energy Savings 1,500,000 100% of total expenditure claimed* TOTAL 2,000,000 * Exclusive of taxes and duties imposed within the territory of the Recipient.

Retroactive Financing. Withdrawals from the Grant Account may be made for reimbursement of eligible expenditures incurred for activities under the Project detailed in Schedule 1 to this Grant Agreement before the Effective Date, but not earlier than 12 months before the date of this Grant Agreement, Agreement in connection with eligible expendituresitems to be retroactively financed, subject to a maximum amount equivalent to 20% of the Grant amount. 1 Consultants 500,000 100% of total expenditure claimed* 2 Equipment for Energy Savings 1,500,000 100% of total expenditure claimed* TOTAL 2,000,000 * Exclusive of taxes and duties imposed within the territory of the Recipient.

Retroactive Financing. Withdrawals from the Grant Account may be made for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than 12 months before the date of this Grant Agreement, Agreement in connection with eligible expendituresitems to be retroactively financed, subject to a maximum amount equivalent to 2010% of the Grant amount. 1 Consultants 500,000 100% of total expenditure claimed* 2 Equipment for Energy Savings 1,500,000 100% of total expenditure claimed* TOTAL 2,000,000 * Exclusive of taxes and duties imposed within the territory of the Recipient.

Retroactive Financing. Withdrawals from the Grant Account may be made for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than 12 months before the date of this Grant Agreement, Agreement in connection with eligible expendituresGoods, Works and Consulting Services, subject to a maximum amount equivalent to 20% of the Grant amount. 1 Consultants 500,000 100% of total expenditure claimed* 2 Equipment for Energy Savings 1,500,000 100% of total expenditure claimed* TOTAL 2,000,000 * Exclusive of taxes and duties imposed within the territory of the Recipient.

Retroactive Financing. Withdrawals from the Grant Account may be made for reimbursement of to finance eligible expenditures incurred under the Project before the Effective Date, but not earlier than 12 months before the date of this Grant Agreement, in connection with eligible expenditures, subject to a maximum amount equivalent to 20% of the Grant amount. 1 Consultants 500,000 Turnkey Contract 1,300,000 100% of total expenditure claimed* expenditures claimed 2 Equipment for Energy Savings 1,500,000 Consulting Services 600,000 100% of total expenditure expenditures claimed* TOTAL 2,000,000 * Exclusive of taxes and duties imposed within the territory of the Recipient.

Retroactive Financing. Withdrawals from the Grant Account may be made for reimbursement of reasonable eligible expenditures incurred under the Project before the Effective Date, but not earlier than 12 months before the date of this Grant Agreement, Agreement in connection with eligible expendituresProject management, including consulting services and Works, to be retroactively financed, subject to a maximum amount equivalent to 20% ten percent (10%) of the Grant amount. 1 Consultants 500,000 100% of total expenditure claimed* 2 Equipment for Energy Savings 1,500,000 100% of total expenditure claimed* TOTAL 2,000,000 * Exclusive of taxes and duties imposed within the territory of the Recipient.

Retroactive Financing. Withdrawals from the Grant Account may be made for reimbursement of to finance eligible expenditures incurred under the Project before the Effective Date, but not earlier than 12 months before the date of this thrs Grant Agreement, Agreement in connection with eligible expendituresWorks, Goods and Consulting Services, subject to a maximum amount equivalent to 20% of the Grant amount. 1 Consultants 500,000 100% of total expenditure claimed* 2 Equipment for Energy Savings 1,500,000 100% of total expenditure claimed* TOTAL 2,000,000 * Exclusive of taxes and duties imposed within the territory of the Recipient.

Retroactive Financing. Withdrawals from the Grant Account may be made for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than 12 months before the date of this Grant Agreement, Agreement in connection with eligible expendituresthe Works, Goods and Consulting Services, subject to a maximum amount equivalent to 20% of the Grant amount. 1 Consultants 500,000 100% of total expenditure claimed* 2 Equipment for Energy Savings 1,500,000 100% of total expenditure claimed* TOTAL 2,000,000 * Exclusive of taxes and duties imposed within the territory of the Recipient.